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Woori Financial Group is ramping up efforts to expand support for young adults and lower-credit borrowers, positioning inclusive finance as a broader social safety net, the group said Monday. At its monthly council meeting at its headquarters in Seoul, Friday, Woori laid out plans to strengthen financial support for younger generations working to build economic independence, while broadening protections for low- and mid-credit consumers who remain underserved by traditional finance. Woori Bank has been at the forefront of that push. In the first quarter alone, the bank supplied 218.6 billion won ($160 million) in customized credit loans for lower-income and lower-credit borrowers, the highest level among major commercial banks. Since introducing a 7 percent annual interest rate cap on unsecured personal credit loans in January, Woori has reduced borrowing costs by roughly 1 billion won for 40,000 customers. In March, the bank also suspended debt collection for certain long-term small-scale distressed borrowers while granting 32.2 billion won in interest relief. To address more immediate fi